GM received a wake-up call from their investors today. The Interfaith Center on Corporate Responsibility, representative of 300 religious institutional investors, filed a shareholder’s proposal, demanding that GM explains how it will cut emissions by 30%.
This move comes on the heels of the Interfaith Center removing their letter of demand from Ford. The group has been quoted as saying that “Ford is the only carmaker to provide a blueprint of how it will achieve its emissions goal”.
GM couldn’t be reached for comment
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UPDATE: Investor Group Asks GM to Follow Ford On Green Moves